Amid intense focus on investor liquidity (and paths to potential liquidity) in private companies, we provide an update on developments around direct listings as an alternative to traditional IPOs in the United States.
On...more
9/4/2020
/ Capital Raising ,
Direct Listing ,
Exit Strategies ,
Initial Public Offering (IPO) ,
Investors ,
Nasdaq ,
NYSE ,
Popular ,
Private Company Shares ,
Privately Held Corporations ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Underwriting ,
Venture Capital
Investing in unicorns is a high-stakes game. These companies are often run by strong, charismatic founder teams, with no shortage of willing investors eager to accept their terms. However, it is important to know your bottom...more
In Part I of this article, we discussed the possibility of PE investors, their portfolio companies, or their respective counterparties invoking material adverse change (MAC) or force majeure (FM) clauses to be relieved of...more
The COVID-19 (the official name of the 2019 novel coronavirus) outbreak is likely to have an effect on the PE landscape in Asia and on anyone with interests in Asia. In this three-part article, we examine how PE buyers,...more